A win for …?
However the Teleco who’s actions or lack of action contributed to the failures gets away. According to the ABC and ACMA a consequence of inadequate regulatory powers.
Victims of fraudulent messages targeting HSBC customers have criticised the regulator’s lack of action against a US telco.
The Australian Communications and Media Authority (ACMA) found Telesign breached the industry scams code by failing to tell the regulator about more than 1,000 scam messages it let through its network.
What’s next?
Under proposed changes by the Albanese government, the ACMA would no longer be required to warn telcos before imposing a fine, which could be up to $10 million.
